By filing an employee, you actually have more to lose than just the job. Over se as a contractor andefy a contractoron or he can find another client. Filing e employ has more downsit agreed. And typicallya these, these are people who want to stay on a job for a long run. They trade their freedom, gaint for realliability. But it reminds me of thi argument i sometimes make about football coaches or general managers and sports: they are very riskovers.
Nassim Nicholas Taleb talks with EconTalk host Russ Roberts about the manuscript version of his forthcoming book, Skin in the Game. Topics discussed include the role of skin in the game in labor markets, the power of minorities, the Lindy effect, Taleb's blind spots and regrets, and the politics of globalization.